Here at Fieldd we know how to use QuickBooks, and we know how to set up QuickBooks to sync with our Fieldd scheduling app. That being said, we aren’t QuickBooks experts. So, we’ve teamed up with Fit Small Business to provide you with access to these great QB articles and courses.
QuickBooks Online Courses for Small Business
Running a business is one of the most challenging endeavors anyone could take on. Hiring staff, keeping things operating smoothly, and maintaining accurate financial records are just a few of the challenges of running a business.
It might not seem like much, but keeping accurate books is an essential task for virtually every business owner out there. Keeping accurate books helps you ensure your business is financially healthy and that you have enough capital to meet even the toughest operational demands.
In addition to keeping your business on track, having solid records also helps you survive an audit or any requests for records that come up. QuickBooks can even pay for itself by helping you uncover tax deductions that would normally be overlooked.
Thanks to tools such as QuickBooks and QuickBooks Online, it’s easier than ever for business owners to manage their finances. According to Chicago Now, QuickBooks has 80% market share of the accounting software market and is used by 29 million small businesses across the globe.
Although it might seem daunting trying to pick up QuickBooks on your own, the web is filled with plenty of resources to help you make the most of the software suite, such as these QuickBooks Online tutorials from Fit Small Business. Below is an overview of their courses and what you can learn from each.
Course 1: Setting Up QuickBooks
This series of tutorials is designed to help you understand the fundamentals of QuickBooks. From setting the business fundamentals, invoicing customers, setting up default payment terms, and much more.
Course 2: Managing Sales and Income
QuickBooks supports multiple types of sales including credit and cash sales. This software also lets you invoice customers and manage all your billing straight from the software. In addition to accepting credit cards and handling merchant processing, QuickBooks enables you to accept partial payments from customers. This enables you to offer flexible billing terms that work best for your clients.
Course 3: Managing Bills and Expenses
Short of maintaining decent sales volumes, one of the biggest challenges every business owner faces are keeping expenses in check. These courses will help you track and manage expenses in a handful of ways.
The first way QuickBooks helps professionals with their expense management is the ability to print and generate checks directly from the software. Second, the software also has robust accounts payable capabilities so you can easily track funds regardless of the payment terms you have with vendors.
Course 4: Managing Banking Transactions
By the end of this course, you’ll be able to easily manage all your banking transactions within QuickBooks. Initially we’ll start by teaching how to manually process your transactions. After that we’ll discuss how to download your transactions from your financial institution.
In addition to simplifying the recordkeeping process, you’ll also learn how to use the reconcile tool so you always have accurate books.
Course 5: Managing Business Credit Card Transactions
Business credit cards are more than a great way to establish a credit history for your business. They’re also ideal for managing your business expenses. You see when you connect your business card to QuickBooks Online, your transactions will automatically download into your digital files.
Although QuickBooks has built-in payment support, that doesn’t mean you’re limited to using their gateway. We’ll also teach you how to manage your credit card sales if you’re using a third-party credit processor.
Course 6: Managing Credit Card Sales
By accepting credit cards, you’ll be making it easier for customers to do business with you, therefore increasing your sales. Part of these courses will teach you how to use Intuit Payments to process transactions within QuickBooks. We also will show you how to process credit card transactions with a third-party payment processor.
Course 7: Reporting
Aside from payment processing and keeping accurate records, one of the biggest benefits of using QuickBooks online is that you’re able to determine the financial health of your business by going through your records.
Keeping accurate records has numerous benefits such as helping you secure investments and/or get a loan for your business. The information also can be used to determine if a product is performing well or not.
This article was written by Kristian Rivera with foreword by Kyra Deprez of Fieldd.
Digital Marketing Associate at Fit Small Business